Filing Flows › Trade Desk (TTD) › How it makes money
How Trade Desk (TTD) makes money
Trade Desk (TTD) made $715M of revenue in the second quarter 2026 (Q2 2026), +3% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 9¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $715M | 100.0% |
| Operating profit | $102M | 14.2% |
| Income tax | $48.7M | 6.8% |
| Net earnings | $64.4M | 9.0% |
| Operating cash flow | $154M | 21.5% |
| Free cash flow | $140M | 19.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $715M | +3% |
| Q1 2026 | $689M | +12% |
| Q4 2025 | $847M | +14% |
| Q3 2025 | $739M | +18% |
| Q2 2025 | $694M | +19% |
| Q1 2025 | $616M | +25% |
| Q4 2024 | $741M | +22% |
From Trade Desk's 10-Q filed Aug 6, 2026 (on EDGAR).
Questions
How does Trade Desk make money?
Trade Desk (TTD) made $715M of revenue in the second quarter 2026 (Q2 2026), +3% from a year earlier. Of every dollar of revenue, 14¢ was left as operating profit, 9¢ was left as net earnings.
What is Trade Desk's profit margin?
Net earnings were $64.4M, 9.0% of revenue, in the second quarter 2026; the operating margin was 14.2%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.